Looking to invest in Memphis Real Estate

[Jesse Bruce]

Hello,

This is my first post on BP.  I am from Canada and have heard good things about the Memphis real estate market.  Where would be a good place to start looking?  I know absolutely nothing about Memphis.  Any help to get started would be appreciated.

[Alex Evans]

It truly depends on what kind of investments you are looking for! If you are looking for more long-term hold plays I would stay in places that are B and above and if you are looking for more cash flow we typically see more cash flow on day one in C neighborhoods over any other ones. I think A neighborhoods are a really great play in Memphis Right now because there are great schools in those areas and such a low supply. In the future, even more, homeowners will want to buy properties in those areas.